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some of the tax breaks, such as the breaks on social security payroll taxes can be continued onward from december. i think that's very important to keep money in the hands of the middle class and enabling their spending, and jobs. >> eliot: all the miles you're talking b all of which i'm fully in accord with all predicated with president obama to guide the path. i agree, if he gets the second term. one of the premise that i view and i think you view as one of the misguided policies of mitt romney if you lower the tax breaks you get an outbreak of investment. there was a survey that disputed that. they polled it under political pressure. what is your wisdom as someone who has studied this in great death, would this bring investment as mitt romney high hypothesizes. >> no, between cutting marginal tax rates on the top and creating more jobs or economic growth. clinton increased taxes and we had jobs than when bush cut taxes. yet average economic growth during the years was better than it has been since. look at nations even in germany and europe scandinavia, they have faster economic
. a company that does not pay $45 million in taxes to the state of montana. they are manipulating not only their workers but the congressman on this decision. >> time to go to our panel. our first question goes to senator tester. >> thank you. an overwhelming concern is the negative ads, so are the negative ads toward you buy your opponents greeted with one -- net so of the negative ads toward you buy your opponents, which one bothers you most? >> we have unlimited amounts of corporate secret money in campaigns, and i might add the decision has endorse my opponent and give him $10,000. i do not want an endorsement because i believe in transparency of government. he tells folks, now number one, they have been driving this over and over again 95% with obama. it is not true. i come home every weekend to get the ideas of montana and take it back to washington, d.c., and not just talk about it but actually get things done. >> they are trying -- he is trying to mislead montana's. it is 95% of the time against the best wishes of the stimulus and the epa, and he has a chance to side with small bus
this point. the adcdos who came out and said you have to raise taxes. does that puncture the balloon of the entirety of the logic of mitt romney. >> it may puncture it if you want to analyze this in logical terms. >> eliot: you're not saying logic is not in politics. >> i don't think it is right now. you may have fired an aide who wrote a speech like that. i think romney is quite wise not to. the banality of what he says is central. he does not want to spell out what he's going to say. we all point out the budget mass isn't this. that's because he doesn't want it to be there. he wants to talk in glowing generalities and allow everyone to allow mitt romney to be whoever they would like him to be. >> eliot: this is vapid by design. >> oh, yes they change the law and make the crimes legal. this is what obama understood in april of '08. he nailed it. he said these guys changed the rules of the game. allowed them to operate by like bandits, and it was done under george w. bush's watch. there isn't difference between romney and bush. >> that raises the critical question. why doesn't the ro
president obama talks she discusses the u.s. economy and tax policy. >> hi, everybody. it has now been four years since the crisis that began on wall street spread to main street, hammering middle-class families and costing our economy 9 million jobs. since then, we have fought our way back. our businesses have added more than 5 million new jobs. the unemployment rate has fallen to the lowest level since i took office. home values are rising again. and assembly lines are humming once more. to make sure america never goes through a crisis like that again, we passed tough new wall street reform to end taxpayer funded bailout for good. all for reform also created the first ever in the pan a consumer watchdog, who sold job is to look out for you. that means making sure that you have all the information that you need to make import financial decisions like buying a home, were paying for college. and it means going after anyone who tries to take advantage of you or rip you off. but starting this month, that includes the folks who come up with your credit score. if you have not checked your credit
on the franken storm threatening the eastern sea. >> the fight offer governor brown's tax hike measure. enter conversation on california's budget crunch. thank you for joining us. >>> we have a lot of news to cover in the next hour. we have a sit down as you saw with governor jerry brown. we will talk to him about the state's finances and the push to hike the sales tax and income tax. >> there was a huge earthquake off the coast of canada. we will look the tsunami advisories but our happiest story of the day, the giants on the bripg of glory right now. this is the newspaper this morning and tonight is going to be the pivotal game that could give them the world series championships. we have a lot to talk about coming up. but first -- >> all right, hurricane sandy moving up the eastern seaboard with the storm's outer bands lashing the barrier islands off north carolina. >> right now the governor of new york, andrew cuomo, i halting a halt to all public transit in new york city at 7:00 tonight. it could affect 50 million people. suetion mcginnis has the latest from the coast of delaware. good mo
they have to pay, we pay more to government than any other major country in the world. the corporate tax rate is down to 25% in europe. ours is 35%. canada brought the tax rate down to 15%. businesses go there to save money. what i will do is bring the corporate tax rate from 35% to 25%. now, you might think -- [applause] >> same time, we'll have to get rid of loopholes and extensions and we need the revenue we need. but we need to bring the rates down and make ohio a more interesting place to invest. small business doesn't pay the corporate tax rate. it is 35%. i want to bring down the individual rate as well. thoseen -- i'll make proposals to congress on day one. things i do -- we will put america on track for a balanced budget. we can't keep spending more money -- [applause] >> what we talk about, these topics like big government policy -- they effect the lives of individual americans. this is about you and your life. say you are a senior -- i see a senior waving. i meant senior by age, not senior in high school. let's say you are a 65 year old or older. and when you -- when you get a
for decades. commercial property owners have been on a tax holiday through the reagan and bush era and have received benefits it is time for us to properly tax commercial property owners here in san francisco so that we can make-up for the lack of funding that we receive from the state. i plan to do that by instituting a commercial rent tax in san francisco. san francisco needs to be a culturally sustainable city and environmentally sustainable, restoring uni, uni has had a structural budget deficit. we need supervisors who are going to have the political will to find the resources to fully fund our mta system. i am looking at a number of options from congestion pricing to a downtown transit tax assessment district to even a local gas tax or a local vehicle license fee so that we can fully fund our uni system and stop fixing the buses with duct tape and have a first-class transit system in san francisco. another way that we can be a leader is to encourage people to get out of the cars and on to bike by developing a 100 percent renewable infrastructure and making green building and agricultu
proposition a is a temporary 8-year, $79 parcel tax on properties in san francisco. and that money would go directly to supporting city college of san francisco. city college is the largest work force training center in san francisco. we train students. we also help students learn english as a second language and then of course one of our primary missions is to help students, particularly low income and underserved students, move on to 4 year institutions. we serve nearly 100,000 students in san francisco and are a tremendous resource, we think, for san francisco. the last couple years the state budget cuts we faced, $53 million in the last 3 years alone, have really made it a challenge for us to keep our doors open for san francisco students and this proposition a would make a tremendous difference in addressing our fiscal problems right now. >> understood. thank you. starchild, can you present some of the thoughts around the opposition? >> sure. we all believe in people getting an education and having those opportunities be affordable and accessible to them, but city college's financ
literally decades of research trying to lower at the extent to which measures like an earned income tax credit and temporary assistance for needy families, medicaid and education programs he will tell me if he is right. and their impact on people's lives. it is far from sucking the life out of them. i would argue that not only do these provisions critically offset multiple failures embed, did they provide people with the opportunities they need to achieve the vocation and faith that absence this support there are have a much harder time and cheating. i want to reflect on michael harrington and how big is the current economic divide and as a different now versus when he broke the other america. the economic divide is much lighter now than it was then. the most recent year was 2007. 23% of income accrued to the top 1%. back in the early '60s, that was 10%. he was writing about an economic divide where 10% occurred tuesday top 1%. hthe growth of inequality is a major factor of understanding in the quality. this is a dynamic story. it has great barrington area of agreement between charles a
have less than two months to steer clear of the fiscacliff-- the combination of tax hikes and government spending cuts scheduled to take affect in january. our market monitor this week says plan now for higher taxes soon, and higher interest rates eventually. duncan richardson is chief investment officer at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can ou
their tax rate is going to be after this election. >> and the number will only go up. chris: let's start to whip around. a gut question. i don't know if you can answer this but in your gut does mitt romney have the kind of support and oomph behind thim that defeats an incumbent president? a hard thing to do. if you think about it. a two-person race it almost never happens. >> you'd still say this is the test -- it's on obama's racket. i'm struck by the way in which romney as he presents himself to the country is different from the way that he was demonized early in this campaign by the obama advertising. people see him in the debates, it turns out that he's a likable guy. and chris: i agree with that. >> and sounding moderate, cheerful and optimistic and positive. that's a very different -- >> and for a reversal -- chris: they weren't ready for jekyll. they were selling hyde. >> my gut tells me no, partly baurgs the economic message has moved away from him in the accepts that using greece and some of these countries as a scare tactic to say this is why we need to force government spendin
documents. we work a lot with people who do not know how to file taxes properly. we are mainly focused in san francisco. we are small. we focus mainly on the tenderloin, chinatown, bayview, visitation. we do a lot of expansion. people start small through the credit union and then want to go to the bank. we know we are limited. we cannot afford to give out a big loan. starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. the bank and credit union are similar. we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested
's a suspicion some of them may have been using swiss bank accounts to avoid taxes, but the greek government never investigated those people on the list. the list was passed to christine lagarde. it is an intriguing story. >> he was due to appear in court about an hour ago, but the greek legal system being as it is, there are delays 7. other cases to be heard first. so we have no indication yet as to when his trial will begin. he is charged with breach of privacy. he published this list of greeks holding bank accounts overseas at hsbc bank in geneva, many of them suspected of tax evasion through those accounts. the real anger is not towards him but towards, the towards who seems to have sat on this list for the lasted until years and not acted upon it. he says that the alleged tax evaders and ministers who received the list from christine lagarde in 2010 and of not followed up on it, he says they should be the ones focused on. the greek government simply is not serious about tackling tax evasion. >> have the ministers involved given any explanation for not following up on the list? >> two of
but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered under this administration. those who don't have a job and are underemoyed giving up then we have a group of ceos speaking up for the multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they come up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the econy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump out and got the rates down. get those down sharply. >> he will be the president. >> romney has already made these proposals what are they doing? i don't understand the mot
president obama because they're fearful of higher taxes. they're fearful of all those kinds of things. president obama makes the argument that demand, more people working, will create demand and that will create more hiring. so this thing going to be relevant for about ten minutes and after that it's going to devolve into spin for the rest of the weekend. >> which means it will be relevant in a completely different way all the way until sometime tuesday night for sure. ali velshi also going to stick around with us all morning. we've been talking, of course, about jobs, jobs, jobs. as ali said the race there in ohio, virtual dead heat. across the nation, much of the nation as well, president obama, mitt romney, are going to fan out across the battleground states over the next four days. both candidates will spend lots of time in ohio, because as ali pointed out, it's a dead heat. president, three events there. he's going to be talking jobs, and a national public radio poll 57% of those surveyed said economic issues are the most likely to affect their vote. cnn's brienne into keilar is
that will make the auto industry strong -- [indiscernbile] he wants sensible regulations. he wants tax reform that will ensure we can get the auto companies back on their feet. he wants to make sure that trade is fair. he wants workers trained to work better for them. he wants their energy costs now. that is what will keep energy -- otter jobs here in ohio. that is what mitt romney is going to. balks, we are in the fourth quarter. the score is tied. we're in the red zone. we got the momentum on our side. are we going to be sure that we take mitt romney over the goal line in the next eight days? ladies and gentlemen, the next president of the united states, mitt romney. b >> thank you. what an avon lake welcome. thank you so very much. thank you, senator portman, and the lieutenant governor has been going with us all over the state. her support means everything in the world. the senator was my sparring partner. he was really strong. i finally -- it is nice not to argue with him all the time. withs good to have withhim me on the campaign trail. we have got to reelect him as the next congressman
the opposite of what obama claims he's going to do. that is he's lowered taxes and closed budget deficits. but i actually find the trust argument very odd. because president obama promised that we would have 4.2% economic growth right now.wo we have 2%. he promised an unemployment rate that would be far below where it is today. he hasn't delivered on his promises. on the issue of trust, what is going on with regard to libya? i mean here we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours, we now know that secretary of defense saying he denied requests for help over that seven hours. where is the leadership. it's a trust issue. >> on the economy, how does it tip the scales, david brooks and ej dionne in the final nine days? >> i think this has been the worst campaign i've ever covered. i think they're both ending on the same note they started. obama is doing a negative campaign, he's got an ad out which is called "remember" which is about romne
and taxes. and perhaps no issues matter more to millions and millions of voters. so that's where we begin tonight. >> four million jobs. >> five million jobs. >> twelve million new jobs. >> twenty three million new jobs. >> good jobs. >> manufacturing jobs. >> part time jobs. >> jobs of the future. >> president obama repeatedly touts the fact that private employment has now grown every month for the past two and-a-half years. >> and what i want to do, is build on the five million jobs that we've created over the last 30 months in the private sector alone. >> mitt romney regularly belittles the president's inability to bring the unemployment rate down to much below eight percent and insists he would do better. >> it's not going to be like the last four years. jobs have been too scarce. i know what it takes to bring them back, and i'm going to do that and make sure you get a job. >> but experts say neither candidate has a quick fix for america's sluggish job market, at last count there were an estimated 23 million americans looking for a job or for more work. >> we're dealing with mass unem
. said he's all about fighting for the middle class. says he cut taxes for everybody. and ask something from nobody, but the problem is we heard those promises before. keep in mind, governor romney lives a few miles south of here in the state of massachusetts. love massachusetts. [ cheers ] but during governor romney's campaign for governor down there, he promised the same thing he's promising now. said he'd fight for jobs and middle class families, but once he took office, he pushed through a tax cut that overwhelmingly benefited 278 of the wealthiest families in the state and raised taxes and fees to middle class families to the tune of $750 million. does that sound familiar to you? when asked about this, he says these weren't taxes, these were fees, but keep in mind, there were higher fees to be a barber, higher fees to become a nurse. there were higher fees for gas. there were higher fees for milk. there were higher fees for blind people who needed to get a certificate that they were blind. he raised fees to get a birth certificate which would have been expensive for me. [ applause
that is looming tend of december? can you talk a little bit about what you think should happen? we have tax cuts that are about to expire, many of them, you know, and we also have, like you were just talking about, the trillion dollar sequestration cuts that will be across the board in both domestic and military spending, hall of these things are happening by the end of the year. what do you think congress should do, do you feel like they should leave everything out of this so we can start reducing our deficit, or do you have any ideas that congress should put in place that you will put forward when you guys go back in next week, two weeks from now? >> yeah. i think the best way to talk about the tax rates are, they're what we've had for 10 years, and businesses have made their plans predicated on these tax rates. i don't think we should increase the tax rates on anybody. to me, i don't really care whether you're rich or you're middle class or poor, we shouldn't divide up people. we should distribution centers stride things in to two sectors, previous sector, public section nestor. i don't want
of the number one tourist attractions in the united states. it generates $9 million tax revenue a year and the buddhists say in heaven and hell is on everyday. you come into the city, can you go church and come out and go to westportal and get a ticket. i think that is morally wrong and gouging and gouging and eventually it's just bad pr and for the generating 2.5 million dollars on this budget it's senseless and it's just more government putting the throats -- putting the boots on the throat of the average day citizen. >> all right. thank you sir. mr. yee. >> so let's face it. let's not make our parking meters the atm for the city. i mean we really need to support the notion that we don't want meters to operate on sunday, especially in our district, district seven. the business corridors need access to customers and when you charge on sundays and parking meters the same people shopping and at restaurants they're going to go somewhere else. they're going to go to stonestown and the malls and if you believe in the small businesses in the community then we need to support the noti
, and two-earner families, and people this year very concerned about the increased taxes that we would see come jaber reversed if president obama were to be reelected, as well as the peace -- deep defense cuts of us would impact our area dramatically. george mason's stephen fuller, one of the preeminent economists in the area says the defense cuts could actually cause a recession in virginia and would almost double our unemployment numbers. and va has been very successful in having a low unemployment rate, down 5.7%. but people are very concerned about jobs. jobs are the number one priority and that is what we see people looking at and that is why we are encouraging the numbers and support we are seeing for governor romney this year. host: does your candidate have to win loudoun county to win virginia? have to,don't know we i expect we will. it was only a narrow margin that president obama won loudoun, the last time and it really was an aberration. virginia republicans have been winning loudoun county in 2009 when governor bob mcdonnell won this area, and then in 2010, of course our congre
to cut tax rates and pay for it by closing loopholes. two. he wants to increase defense spending by about $2 trillion over ten years. and three, he says he'll balance the budget at the end of his second term. let's start with the tax cuts. >> i want to bring down rates. want to bring the rates down, at the same time, lower deductions and credits so we keep getting the revenue we need. >> romney's across the board tax cut of 20% is $5 trillion worth. now, romney plans to close loophole to pay for it. we just don't know which wups, so we had to take some liberties on the map here. the joint committee on taxation did one test study and i have it right here. keep in mind, this was done based on current law, which assumes the bush tax cuts expire at the end of the year. they concluded that revenue neutral tax reform would permit a 4% decrease in all ordinary income tax rates. now, that's not close to 20%. now, let's get to the second thing. adding more than $2 trillion to defense spending. according to analysis conducted money, romney will add $2.1 trillion in defense spending over a decade. n
, when harry reid stands up and says, hey, i heard a rumor that mitt romney didn't pay his taxes, and mitch mcconnell stands up and says i'm going to make you a one-term president, they're acting like kindergarteners. we need new leadership that will say we are now working for the american people. forget politics, forget party. it is time for us to move forward, and when i'm back in washington, i promise you i'll work with either president. >> moderator: senator hatch, a rebuttal. hatch: well, i have to say i've had democrats come up to me during that very difficult preconvention time and say you've got to win. you're one of the few guys that can bring us together. it wasn't just with senator kennedy, it was with dozen of others. henry waxman is the most liberal guy in the house of representatives, but he's brilliant. we did the hatch-waxman act that was done right in my office. by anybody's measure, it's one of the best consumer bills in history. i can do it. >> moderator: rebuttal, mr. howell. howell: well, you know, i appreciate our senator talking about the past. he's gone so
budget cuts in the state's education system. if the governor's tax increase measure goes down in defeat. coming up, not one but two different class schedules. the uncertain future facing students at one bay area community college and why it depends what happens election day. >> bart leaders showed off a milestone today in the warm springs extension project. here's an underground look as they walked the subway tunnel this morning. the new section runs under lake elizabeth and will eventually reach san jose. the bart station is expected to open in the fall of 2015. >> several bay area hospitals are teaming up with local farmers to bring fresh fruits and vegetables to improve hospital food. thousands of pounds of fresh produce. the executive chef tells the business times the healthy eating program is expected to expand each growing season. >> chevron is making a multi- million dollar commitment. not to refurbish refineries. the political cost the bay area's biggest oil producer is backing. >> back here, fog free along the coast. this weekend is going to be warmer. we'll also look at detroi
. if he can go day by day and be on the offensive, have obama explaining, have obama try to defend of tax -- fend off attacks. if this race gets turned around, that is when the momentum stops. the key is to stay on the offensive. i think it is highly likely that he can do that. he is the incumbent president because there's a lot more to attack. and there are things happening within his own administration. you saw the e-mails today on an ghazi. -- on benghazi. the aggressive and drive it home, and then ultimately, it is all about turn out an enterprising -- energizing your base. the more you can keep the president on the defensive and look aggressive, if you energize your basic mdot the other thing is that -- you energize your base, and the other thing is that you influence these other voters based on how they feel about things. coming down the stretch, if it feels like mitt romney has the momentum and the aggression, then it swings things that way. if they are not for him out, they probably will not be. they may not vote. but if ron makenna showed that energy -- romney can show that energ
your business, with tax -- green your business, tax credits available with that. for non-profit, charitable organizations, we have a workshop coming up. that is helpful for those of you who are looking to access the committee on a durable basis. >> also, on behalf of leader pelosi, i want to thank our panel and her staff. we are tenants in this building. i apologize for the security situation that happened upstairs. if you have concerns about it, please come and see me. i would like to convey those to the landlord here so that it does not happen again. thank you. >> hi, everybody. my name is carmen chu. why don't we get started. with a marking up with the department of small business -- we have been working with the department of small business. this project started when we heard from neighborhood merchants. unfortunately, they had access issues, visibility access issues. we have been working closely with many of our partners year today to educate about these -- many of our partners year today to educate about these issues. also in terms of board guidance. i want to thank
are going to ballots at. we need stability in taxes and regulations, and number 4 we need an energy policy like we have done in north dakota. if we support energy, we can reignite america's engine, at the energy independence, national security, job security, and that is what we need to do. >> is interesting what congressman berg says. if you look at the time he served in the legislature, it is roughly equivalent, 4000 percen $. quit talking about harry reid or what ever is. i was not in the senate. i think it is atrocious we do not have a budget. that is the reason we do not have a budget is because both political parties refused to sit down and refuse to solve the problems. there is excellent documents out there, but i believe we have need a balanced budget amendment because the and the way congress will balance the budget is that they have to. that is the path forward for our people and for our country. we need to be strategic. congressman berg voted for sequestration, a disaster, a disaster for defense and jobs trip we need to do everything we can to do this the right way, and that is t
they win the election without the buck eye state. americans paying more and saving less and prices and taxs and hettle care set to cost more will your wallet decide your vote. little rock. fort hood. that is not work place violence it is terrorism. and now libya. >> something fishy about what happened over there. why won't the administration call it what it is. terrorism. welcome to huckabee. tonight we are coming to you from our fox burro in washington dc. and early voting started in many states and one of the early voters in ohio was president obama. he had to produce a photoid to vote. help me to understand recognizable person in the entire united states of america has to show his photoid why is it too much to ask that for the rest of that. most of them gave up the licenses and passport. if chicago requires voters id. those who say we ain't got voters fraud going on around here, they must have missed the powerful and disturbing reports filed by eric shawn who exposed voters fraud in multiple states. eric reportod hudson hallum a sitting democrat who pled guilty vodka voting scheme ited h
of what obama claims he's going to do. he's lowered taxes and closed budge elt deficits. i find the trust comment hard. president obama promised we would have 4.2% economic growth right now. we have 2%. he promised an unemployment rate lower than we have. on the issue of trust, what is going on with regard to libya. we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours. secretary of defense saying he denied requests for help over that seven hours. >> we'll get to that later. >> but it's a trust issue. >> on the economy, how does it tip the scales, david brooks? >> i think it's been the worst campaign i have ever covered. they are both ending where they started. obama doing a negative campaign. he's got an ad out about romney and the flip-flop and what we have heard. it's almost pure negativity. romney is trying to appeal to moderates and women, which is a bipartisan ad saying i don't care if it's a republican or democrat idea, i'm for that. you
to exist certainly we should tax them. >> all right. thank you. ms. gavin. >> i am a strong proponent of the property rights. i am a renter however this is something that teachers have been doing this for a long time because this is one of the ways that they travel, and when i was high school teachers did this, and it was part of the curriculum when they came back and they would talk about different places around the world, and i really don't i think it's government over reaching and i really have a problem with that, and if it is illegal then we need to do outreach so that people need to know it again and if they are violating the law well then i am for enforcing the law. >> thank you ma'am. mr. lagos. >> short term rentals is something i know about having lived in mark merced because our landlord rents out them on a nightly or weekly basis and i am oppose to that. i am opposed at the whole idea of renting out short term rentals to people, so i would be opposed to taxation on those units because i am opposed to the whole idea of short term rentals because they deprive people from
enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to offer your opinion. >> 18,000 additional individuals who have dropped out of the work force, people who have taken part-time jobs, we can argue back and forth about the numbers but those people go to the polls an
has paid much attention. but unless nothing is done before january 1st, we are going to see taxes rise on most people because that's the end of the payroll tax cut that president obama and congress agreed to. that also means that the end of the bush tax cuts, not only for people over $250,000 of income, but also everybody else who were to some extent, their taxes were also reduced by the bush tax cut. the alternative minimum tax, that also would kick in. there's no alternative to the alternative minimum tax on the table. so you have the typical family after january 1st seeing a tax hike in the range of $1500 to $3500 for the year 2013. now, i expect congress is going to do something, if it doesn't act before january 1st, it's probably going to act sometime in january and then make what they do retroactive to january 1st. >> all right. looking at the long-term and the short-term. we're going to know what those jobs numbers are tomorrow. great to see you, as always. thank you. >> thanks, thomas. >> so just to point out again, we are awaiting for live remarks from the president as he dise
provide more and more tax benefit to the state. that is where the state should step aside and we could have a uniform regulatory process, lower fees. >> thank you. >> i agree with the senator that public safety is one of the few, in my opinion that the government should have control over in our lives. but i wonder why the senator is a support of the trust act that senator amiano supported that tried to prevent the state from returning illegal aliens who commit serious crimes including gang violence from being deported from this country, that is a public safety issue that all of us who live in san francisco have to deal with every day. so i really question whether one can square one of those statements with the other. i believe in the natural law from john stewart mill and other philosophers that our rights do not flow from the government, the government's rights and the government's rights flow from the citizens. and so the government should have as limited a scope as possible, not and interfere with business and not interfere with our privacy and not spy on us and generally keep the p
statistical interesting facts are that we are one of the least taxed states in the nation. the least. we have no income tax, no sales tax. the democratic and republican candidates will pledge on that issue, saying they will not have an income tax or sales tax. our two gubernatorial candidates right now are both running on that issue. host: neil levesque, about the recount laws in the state of new hampshire. is it possible that there could be a recount in this state and what are the rules for that? guest: we have specific rules for the state. we have a fine secretary of state, bill gardner, quite experienced in this. he's the person who has been the keeper of the flame for the new hampshire primary. we had a famous account here in the late '70's with senator john durken who recently passed away. frankly, i don't see it coming down to that. we will see what happens on tuesday. i think other states may be more likely to have a recount and new hampshire. host: do you have voter id laws? guest: yes, and there's some controversy. the legislature passed a voter -- a new voter law that required peopl
job growth. he box romney's plan to lower corporate tax rates and get rid of certain deductions. to the gas shortage, the biggest metropolitan area in this country is paralyzed by gas shortages. only a small percentage of stations have power and where they are pumping, the lines are stretching for literally miles. and takes hour to fill your tank and those stations are starting to run out of gas. it is getting ugly. tensions, frustrations rising, one driver in queens was arrested for pulling a gun on another driver who confronted him for cutting the line. in our next hour, the gas buddy joins us to talk about where there is gas. if ever there was a time when people needed a gas buddy, this is it. we're going to get both sides of the jobs issue after the break. the closing-- the opening bell coming up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-ben
another tax cut. we have seen this before. we know how it ends. 9 million lost jobs. home equity evaporated. retirement accounts up in flames and the great recession of 2008. the american people will not go back. they will not go back. folks, crowd: four more years! you have to ask yourself. both of these guys are decent man. you have to ask about with a push the return of these economic and tax policies from the bush administration? i have come to one conclusion. the only one i can figure out is about their attitude about america and their attitude about half the american people. you heard his insulting comments that 47% of the american people are -- here's the part that bothers me. when he said they are not willing to take responsibility for the allies. -- for their own lives. these people are our neighbors. he is talking about my parents when they were alive. the people i grew up with. the people here in lynchburg. they include seniors to afford their whole lives to pay for a social security. and did not pay taxes on that. nor should they pay taxes on that. we're talking about
embrace a balanced approach. that is what i support. i think we can go back to the kind of tax rates we had and the clinton administration, those upper income earners were doing well and the entire economy was growing. we are going to have to make some tough choices. a balanced approach is the only approach that i believe will get us there. >> heather, your rebuttal. >> it is amazing to me, congressman, that you can stand here having voted for trillion dollar deficits for the last four years. the largest, fastest debt increase in american history and say that we have to control spending. you have done nothing to control spending of the last four years, and with respect to cuts, cap, and balance it is amazing to me also that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare, and education, and that is why i support a balanced budget amendment to the constitution.
with the increase taxes that we would see, do you reversed. as well as the deep defense cuts, which is something that would really impact the area dramatically. george mason and stephen fuller, one of the preeminent economists in our area said the defense cuts could cause a recession in virginia and almost double the unemployment numbers. bridget has been several -- rigid has been scary -- very successful in having a low unemployment rate. jobs is the number one priority. that is why we are very courageous that the numbers of supporters in for mitt romney this year. >> does your canada have to win the county to win virginia? guest: i don't know we have to, i expect we will. it was only a narrow margin that president obama won loudoun, the last time and it really was an aberration. virginia republicans have been winning loudoun county in 2009 when governor bob mcdonnell won this area, and then in 2010, of course our congressman frank wolfe, he is extremely popularhe is of course on the ticket this year. he always wins resoundingly. in 2011, we swept all of the state and local seats here in this y
go away. we would be able to tax it. if you look at the states that have medical marijuana in this country it is now understood that the marijuana legalization is helping lift those committees out of their own recessions. >> is it time to end the prohibition? >> yeah, i think that should be respected. i have had the occasion to hear from the sponsor of that bill who has now passed away. but i think everyone is familiar with people who are surfing from terrible diseases and pain and the legislature here has proved that with the obvious safeguards. i think there has got to be a way to accommodate the medicinal use of marijuana. >> would you remove marijuana from schedule one? >> i don't know if that's the only way to do it but if it is then yes. >> the governor has asked the federal government to do. mr. doherty how do you feel about continuing the prohibition of marijuana? >> you're talking about the drug wars and the violence associated with drug wars. and superintendent of the police before i retired we took down the largest seizure of cocaine. >> you made a career out of
, you know, keep the tax rates low and no tax hikes so that makes us, in a weird way, backed into a corner defending the 1 #%. that makes us look like we defend the special interests. neil: if that's the case, and, i mean, i know you argue it's not true, come back at say, well, why are you taking money from the same group that is last time we checked the 1%. >> it's the obama spin. a lot of teem -- a lot of people are not like you into the news. everybody catches glimpses, short 30-second 1-minute adds, and they thin that obama -- neil: they can see pot meet kettle; right? they can see hi hypocrisy; righ? >> they can. i think this happened with libya. they are seeing, wow, you are not here to protect this. the policies really do not work. i don't think the people are neil: interesting to me, and don't cast on anyone, but if you make it a point and call the other guy a bs in "rolling stopes," make your you're not. be that as a may, a lot of money in the race. do you think mitt romney will be the billion dollar man? >> oh, absolutely. neil: where is the money going? >> on ads.
as a result of tax cuts the state could not afford that the prior governor put on the credit cards. we need to provide significantly more funding not only through k-12 education which is the birth right of every child to be able to get a quality public education in my opinion and to be able to pursue the dream of a higher education and that is getting further and further out of the reach of children in california because the state does not support education. we need funding, we need to spend it on education. >> so, therefore, do you think that community colleges should perhaps change their focus? one idea is to focus on retraining unemployed workers and upgrading skills for new jobs. do you feel that the state should encourage this? and how? >> if you are making reference to the challenges facing the san francisco community college at this time, i think that there are going to be some very painful and although, necessary, redirection of focus. we have been providing a lot of classes, non-credit classes and classes that don't need to further training for new employment. or for the opportunit
. the wealthiest americans got tax breaks they did not need. companies enjoy tax breaks for shipping jobs overseas and insured that oil companies and wall street were given free rein. folks got to play by different set of rules than the rest of us. the result was falling in comes and record deficits and the slowest job growth in half a century. and an economic crisis that we have been cleaning up for the last four years. so here is the thing. we have tested both theories. we have tested both visions. one worked really well. one worked really badly. romney has been using all of his formidable talents as a salesman to dress up the very same policies that toppled the country and that we have been cleaning up after, he is offering them up as change. he is saying he is the candidate of change. don't boo, vote. vote. let me tell you, colorado, we know what change looks like. we know what is going to help the middle class. we know what is going to grow jobs and reduce the deficit. governor romney is not it. giving more power back to the biggest banks is not change. leaving millions without health insuran
to prison for tax fraud. >> no end to the killing in syria as a massive car bomb explodes in damascus. >> and two iranians when the european parliament's procedures human rights award. -- two iranians went -- win the european parliament pose a prestigious human rights award. for one of europe's most colorful and -- one of europe's most colorful and controversial politicians has been sentenced to prison for tax fraud. >> a court in milan has convicted former prime minister berlusconi of defrauding the italian government of millions of yours in unpaid taxes. remedy court gave him a four- year term and said berlusconi had shown a natural capacity for crime. berlusconi's lawyers condemned the verdict and promised to appeal. >> berlusconi has dominated italian politics for nearly 20 years, perhaps in anticipation of the jail term. earlier this week, berlusconi said he would not contest the next election. although given a four-year sentence, and was immediately reduced to one year due to an amnesty law from 2006. berlusconi was also fined 10 million euros and then form -- from holding publi
. following up to that, can you give any advice on particular resources that would speak perhaps to any tax benefits, subsidies in place for both domestic distribution of wine, as well as exports? >> why don't we take it off line. i think what is the case, there is a lot of complexity to the incentives that were put into the jobs act for small businesses to take advantage of on expensing equipment, investments and their businesses, as far as the tax treatment of those activities. obviously, as a small-business person, each of you needs to understand, it is complex, but there are a lot of tax incentives and investment in business that you should take aware -- advantage of. >> we have two questions in the back. just to be mindful for everyone's time, we will go for about five more minutes. >> my name is david. i am an internet or entrepreneurs. in general, to the lenders, what type of vanity do you traditionally see approach you for loans, an llc, corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees.
to the storm. president of france thinking about putting a tax on google and other search engines for every time they use content sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational relief. . look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. recommended by more dishwasher brands worldwide. >>> welcome back many here's 807 down at -- san jose you can see how thick the fog is outside the dense fog advisory varying conditions for the commut
? tax deductions that are -- >> have we measured that? we certainly realize that it lowers the cost. >> right. >> and that's why we pursued a third-party for our development of the sunset solar project. >> okay. >> and didn't fund it ourselves. i can't recall off the top of my head, maybe you do, todd, what the -- mr. reedstrom, what the financial impact of that was for us. >> it was pretty significant. by way of comparison, the tax credit, tax credit financing that we successfully undertook for current sunset solar brought the average cost per kilowatt hour down to 23-1/2 cents. that compares to average costs of our hydro system. all the costs included of about 9 cents. so, without the tax credit federal financing as well as the state programs, it would have been over 30 cents kilowatt hour. >> you need to take credit for that. >> we have a line item -- >> that's why i try to raise some of these issues because when you and the work that this agency has been doing, i am so proud of the fact that the cost saving that ultimately go to the rate payer, we need to talk about. if we're go
and tax collector and obtain a bond that means the city has the exclusive beneficiary. that's something that we need to happen to protect the city. the bonding requirement is there for that very purpose to safeguard the city in case an operator fails to remit the taxes and collects on behalf of the city. the bonding requirements currently range from 20,000 to $800,000 depending on the annual gross receipts from the parking station. since these bonding rates were passed, the financial crisis has made it quite difficult for certain operators to get a large line of credit without actually owning significant assets. this has disadvantaged in particular many small parking operators who do not have sufficient capital to obtain the necessary bond. it has also impacted larger operators who have operated in good faith and have a proven record of responsible third-party tax collection. so, in order to continue to protect the city -- so, we essentially have to strike the right balance between requiring the bond, but also recognizing the challenges that some of these operators face. and in order to
to start paying taxes in both states. ohio? >> ohio remains beyond romney's grasp at this point in large part because obama is doing better there with white voters than he has across the country, and in the northeast of ohio, the auto bailout made a difference i. it is so much of a problem that rob portman, introducing romney in defiance, ohio in front of a huge crowd, said that "we have got to talk about this auto bailout tonight." they are still trying to explain. >> can romney win without ohio? >> yes, but it will be a tough one to reach. but it is still very close race. >> virginia? >> virginia will still probably end up in obama's camp. >> i look at the polls, and romney is up on average -- >> you can take your calls in virginia, because another poll shows obama is up in virginia. even with the heavy onslaught by romney, it still shows the northern virginia area still pretty much supports barack obama. >> new hampshire could be in play. >> new hampshire traditionally was a republican state. it only presidentially became a democratic state recently . >> then bartlet came along. >> th
a volunteer service to help income ineligible people get taxes done for free. last year, completed 700 tax returns saving the elderly, working families, and students at least $133,000. the program's total economic impact was nearly $1 million. thank you, kathy. [applause] finally, i want to introduce dr. report paulson, professors in the college of agriculture sciences. could you please stand? their inspiring collaboration discovered what could be a promising treatment for leukemia. in laboratory tests, the compound they developed targeted and killed leukemia stem cells without relapse. their team, including undergraduate, as well as graduate students is now working to move this compound into clinical trials as soon as possible. thank you, bob and sandy. [applause] these are penn staters leading us into the future. they are the people i work for every day. they are the reason i'm here today, and they are just a few of the penn staters who will not allow anything to stop them from changing our world for the better. with that in mine, i want to spend a few minutes looking ahead because we're
in why we still have those. >>> plus do you think the rich pay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tells president obama, not to visit the big apple after the storm. i say thank goodness. but one of my guests says bloomberg is way out of bounds. he is here to disagree with me. even when they say it's not, it is always about money. melissa: first after a two-day hiatus, let's look at market headlines. wall street swung back into gear on the first day of trading since superstorm sandy. stocks were choppy throughout the session. they closed mixed throughout the day. dow closed down 10 points. home depot closed higher on the dow. expected demand of home and construction supplies sent shares up 2%. that makes sense. facebook shares tumbled 4%. a lockup expired on 229 million shares today. another 804 million shares will become unlocked on november 14th. >>> lots of damage to assess. the president just spoke after touring n
-class tax cuts so they are no longer held hostage. you're willing to join majority and hold him hostage and not giving it should assurance. i want him to have that i want a farm bill passed so our farmers now delayed olympic i want to stand with our seniors and make sure that we don't balance the budget on their backs and break the promise to medicare we had to i believe mitt romney has ideas as well. i'm not so my way or the highway that i can't look at people objectively and go with what i think is best to every issue that comes before me, my question will be, what's best for this district. that's how i've operated and i continued to do so as a member of congress next year. >> just to be quick on your voting for president obama? hochul: i've said that before, yes. >> okay. there is another question on the floor. other congresswoman to mr. koh, if you will. hochul: chris, i joined mitt romney, president obama, kirsten gillibrand come when the long and many others in full disclosure because i put transparency is important. full disclosure of personal tax return by putting them online so
to balance our budget and get our state back on track. we didn't raise taxes, we cut taxes. [applause] here is my second reason and this one is personal for me. my youngest son is 18-year-old and he voted for the first time this year in a presidential election. a couple of weeks ago before a friday night football game his friend were at our house and they were in his room and i decided i wonder when they're talking about, girls, the football game t next concert they're going to go to, maybe kid rock. but i went upstairs and i was listening outside the door and they didn't know i was there. they were talking about this election because they know their future is is riding on four more days. if i could talk to the women in the audience. and i see there are just a few women here tonight. you know the democrats have talked a lot lately about this war on women. let me tell you what i think the war on women is. for the first time in 17 years we have more women living in poverty. we have nearly 6 million women unemployed today and over 400,000 of those women have lost their jobs in the last four ye
to nothiprognosticati melber, neera tanden, kate ton dawson. let's start with the tax plan. if there is something i believe mitt romney is invested in doing, it is the tax plan. he claims it is revenue neutral. >> you have to claim certain things. this goes for both sides. there is this thing called business cycle. this is what we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and ther
in the state either leading the fight to cut the payroll tax for millions of americans and in pennsylvania so they could of dollars in the pocket to be doubled to invest in the economy, trade adjustment when the workers lose their jobs because of the unfair foreign competition and i let the fight pass that legislation given the training they need to get back on their feet. the so-called dredging plastic the deepening of the channels on was the key player in getting the most recent funding for that so getting results is key for the economy, and i have the honor to have served the people of pennsylvania to have earned their trust and i would ask again to have the opportunity to earn the trust and i would ask for your vote on november 6. thank you. >> moderator: speed become a gentleman that concludes the debate and we want to think the candidates for taking part in this important program. we also want to think of course monica malpass and vernon odom from action news and thank you for watching. now we have these final words from our co-sponsors and thank you so much for being here. >> i of the
. an electronics business. and he said that he and his son calculated how much money they were paying in taxes of what they earned. now, it is not a big business. four people, four employees. he said when they calculated their income tax, and then their payroll tax, and then their state income tax, then their gas tax, and then their real estate tax, it was over half of what they made. and he said think about this, we take a big risk to start a business. and then if we're one of the lucky ones where the business succeeds, the government wants to take half of what we make. so what i want to do, i want to lower the tax rates for small business. [ cheers and applause ] >> and i want to -- i want you to know, for business to work you have to have regulations and rulings. but i want to reportings to recognize their job is not just to catch the buy guys, as important as that, is, but also to encourage people -- small business has something right now that scares the dickens out of them. and that is obama care. that is one reason we have to get rid of it. now, for us though do those five things, is goi
to support a tax hike. governor jerry brown spent this week campaigning nonstop for prop 30 which would raise the state income taxes on the rich to help save schools. today california democrats called voters and urging them to vote yes on prop 30 and no on prop 32. cbs 5 reporter talked to state democrats and republicans today and she's here with the story. >> reporter: ann, prop 30 and 32 are both in trouble. both below the 50% mark with prop 30 making a significant drop just days before the election. there's just ten days until election day. and support for governor jerry brown's tax increase proposition 30 is plunging. recent polls show only 46% now support it. a 9% drop over the past month. 42% are against it. the governor has been traveling throughout the state fighting for the ballot measure while volunteers held a phone bank with the california democratic party. >> may i speak to him? >> reporter: they called other registered democrats asking them to vote we. prop 30 raises income on the wealthy and hikes the state's income tax. >> if proposition doesn't pass, it will really have a dev
of the day which is revenue. we have seen our revenue cut significantly by taxes that arnold schwarzenegger cut his first day in office. we have a depoll that prop is trying to refill it. we should not have to do it at the ballot box when out of 40 state senators 14 have more power than 26. 14 can veto when 26 want. i tell fifth graders that and they say that is not democracy that is not possible. that is exactly the problem, we don't have democracy on all issues, revenue-related in the legislature, let the majority party do its job and if the voters don't like what the majority party is doing in no one jerry man dered districts change who is in power, it is call democracy. >> continuing on the theme of democracy, and how people engage with their elected officials and with government generally, clearly civic engagement is critical for a safe, strong and a vibrant state and i am curious what you have done and what you will do to encourage appropriate participation in democracy. >> i think that we could probably most simply define participation and democracy aside from community hearings and
don't want to leave the state as a economic matter i don't consider myself to be fairly taxed. i do pay a higher tax rate and i think that is fine. but the people who are successful in our society are increasingly asked asked to bear more and more of the share of the tax burden as opposed to making sure that all citizens understand that if we are going to have a world class education system we have to balance that against other things. we cannot both have a big bullet train to nowhere that is going to cost probably over $billion dollars and have a world class system. i hope for the american dream to continue here in california and i hope to have the opportunity one day represent the voters of san francisco and play my role in the public service and i come mend the senator for doing that and sacrificing his career in that regard and i hope to be able to join him one day, thank you. >> i inseerly thank the an dates, on behalf of the league of san francisco, and the jr. league of san francisco. the university of california san francisco, the san francisco public librariry and our media
. they register under the tax code 501 c 4. the organizations that are primarily about educating people about issues or policy options and things like that but they're allowed to do some political activity. it can't be the main thing they're about. but they are permitted to be in politics. and now because ofthe decisions from 2010 that are so famous they can be more specific in the way they're involved. the things that define the elections are -- because they're mainly about enl indicating people have been able to do that -- educating people and not mainly about elections, they have been able to do that without disclosing the sources of the money that they've gotten. so tense or hundreds of millions of dollars being spent without us knowing where it actually came from. host: let's go to our democrats line. caller: what i would like to say about this money, i feel like this money is basically it's generations of money which a lot of elderly white people have built up over time when the system was discriminatory. now they have come out and decided to buy an election. this money is not taxed or
small business owners have never heard of. no one offered me a police station, a tax break or a express bus, quite the opposite. our business was evicted through the market as a result of doubling and tripling rents. >> small business is the economic engine of san francisco and i will do all that i can to support it and to make it thrive. i also am a mother, raising two boys on hate street and sending them to public school on public transit. i know we have good schools, but i also know the fear of trying to figure out education, health insurance, transportation, and affordable housing, with kids this is a struggle. we face it in the familis in san francisco. i have a concrete investment in the quality of life in san francisco from reliable muni to save schools and streets. i am truly walking the walk in this race, my values come from my life experience, they are not plat taouds that i have chose ento get votes. i am in politics because i see a need for a neighborhood voice. residents and merchants we have great ideas that should be supported by the supervisor. i'm running a grass roots
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